Question: I’m a 41-year-old ER nurse making $150,000 a year. I have a net worth of about $2.5 million, broken down as $1.3 million in cash making about 5% in CDS or cash equivalent, $220k in a 401(k), $250,000 in a real estate private fund, $500,0000 in a healthcare pension, and I get about $4,000 per month for serving in the military. The rest is equity in my home valued at about $1 million which I owe about $600k on.
I live in San Diego and my wife is 36 years old and stays at home. I have healthcare for life from being in the military. I really want to retire, so I plan to move to Thailand for its lower cost of living. I want to move there and retire at 45 at the latest and allocate about $5k a month in expenses. Do you have any advice for me so I can retire sooner?